Varsities plan to tap innovations for more revenue

The University of Nairobi. FILE PHOTO | NMG

Public universities are targeting commercialisation of their innovations and research, and creation of endowment funds to help diversify revenue and ease the cash-flow woes that have forced them into painful reforms.

Vice-chancellors of the institutions say that inability to sell their innovations continues to deny them an opportunity to reap from their intellectual capital, prompting the push for deals with the government and private sector.

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